NEYENS ENGINEERING
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00418940.
Annual accounts 2025 filed on 24-08-2026 at the NBB all 19 filings
Turnover
≈ €150,000
Estimated: probably between €98,000 and €200,000
Total assets
€103,433▼ 37.4%
2024 · €165,201
Net result
-€22,137▼ 2,317%
2024 · -€916
Working capital
€86,884▼ 18.7%
2024 · €106,910
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€23,485
▼ 964%
2025
20182025
Net result
-€22,137
▼ 2,317%
2025
lowest quarter of the sector
20182025
Equity
€87,894
▼ 20.1%
2025
middle half of the sector
20182025
Total assets
€103,433
▼ 37.4%
2025
middle half of the sector
20182025
Debt
€15,539
▼ 71.8%
2025
20182025
Working capital
€86,884
▼ 18.7%
2025
middle half of the sector
20182025
Solvency
85.0%
▲ 18.4pp
2025
highest quarter of the sector
20182025
Current ratio
6.59
▲ 3.65
2025
highest quarter of the sector
20182025
Return on assets (ROA)
-21.4%
▼ 20.8pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€3,489-€18,330€10,941▼ 40.3%€2,137▼ 80.5%-€703-€6,736▼ 859%-€2,208▲ 67.2%-€23,485▼ 964%
Net result-€3,687-€12,890€6,863within the sector's middle half▼ 46.8%€968below the sector's middle half▼ 85.9%-€1,616below the sector's middle half-€6,462below the sector's middle half▼ 300%-€916below the sector's middle half▲ 85.8%-€22,137below the sector's middle half▼ 2,317%
Equity€98,303-€111,193▲ 13.1%€118,057within the sector's middle half▲ 6.2%€119,025within the sector's middle half▲ 0.8%€117,409within the sector's middle half▼ 1.4%€110,947within the sector's middle half▼ 5.5%€110,031within the sector's middle half▼ 0.8%€87,894within the sector's middle half▼ 20.1%
Total assets€152,358-€152,723▲ 0.2%€158,394within the sector's middle half▲ 3.7%€160,729within the sector's middle half▲ 1.5%€155,386within the sector's middle half▼ 3.3%€136,767within the sector's middle half▼ 12.0%€165,201within the sector's middle half▲ 20.8%€103,433within the sector's middle half▼ 37.4%
Debt€54,055-€41,529▼ 23.2%€40,338▼ 2.9%€41,704▲ 3.4%€37,976▼ 8.9%€25,820▼ 32.0%€55,170▲ 114%€15,539▼ 71.8%
Working capital€96,180-€106,657▲ 10.9%€112,279above the sector's middle half▲ 5.3%€112,500above the sector's middle half▲ 0.2%€111,885within the sector's middle half▼ 0.5%€105,287within the sector's middle half▼ 5.9%€106,910within the sector's middle half▲ 1.5%€86,884within the sector's middle half▼ 18.7%
Solvency64.5%-72.8%▲ 8.3pp74.5%above the sector's middle half▲ 1.7pp74.1%within the sector's middle half▼ 0.5pp75.6%above the sector's middle half▲ 1.5pp81.1%above the sector's middle half▲ 5.6pp66.6%within the sector's middle half▼ 14.5pp85.0%above the sector's middle half▲ 18.4pp
Current ratio2.78-4.67▲ 1.894.44above the sector's middle half▼ 0.233.89within the sector's middle half▼ 0.543.95within the sector's middle half▲ 0.055.08above the sector's middle half▲ 1.132.94within the sector's middle half▼ 2.146.59above the sector's middle half▲ 3.65
Return on assets (ROA)-2.4%-8.4%▲ 10.9pp4.3%within the sector's middle half▼ 4.1pp0.6%below the sector's middle half▼ 3.7pp-1.0%below the sector's middle half▼ 1.6pp-4.7%below the sector's middle half▼ 3.7pp-0.6%below the sector's middle half▲ 4.2pp-21.4%below the sector's middle half▼ 20.8pp
Staff (FTE)4.3-4.3=3above the sector's middle half▼ 30.2%3=3=2▼ 33.3%1.9▼ 5.0%
above
within
below
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €23,485, larger than the loss of €2,208 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,433
Fixed assets
€1,010 ▼ 67.6%
Current assets
€102,423 ▼ 36.8%
Equity and liabilities €103,433
Equity
€87,894 ▼ 20.1%
Debt
€15,539 ▼ 71.8%
Debt's share of the balance-sheet total falls from 33.4% to 15.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€21,374▼
2024 · €330
Cash flow
-€20,026▼
2024 · €1,622
Debt to equity
0.18▼
2024 · 0.50
ROE
-25.2%▼
2024 · -0.8%
Interest coverage
-1008.19▼
2024 · 8.20
Debt ≤ 1 year
€15,539▼
2024 · €55,170
Income taxes
€0▼
2024 · €800
Staff costs
€70,414▼
2024 · €136,178
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 2 | - |
| full-time | 3 | 3 | 2 | - |
| in full-time equivalents | 3 | 3 | 2 | - |
| Average over the year, in full-time equivalents | 3 | 3 | 2 | 1.9 |
| On a permanent contract | 3 | 3 | 2 | - |
| Joined | - | - | 0 | - |
| Left | - | - | 1 | - |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €7,087 | - | - |
| Depreciation and write-downs of the year | €4,107 | €3,838 | €1,671 | €2,538 | €2,111 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €7,983 | - |
| Remuneration, social security and pensions62 | - | - | - | €151,246 | €177,102 | €151,596 | €136,178 | €70,414 | ▼ 48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,664 | €5,092 | €4,063 | €4,107 | €3,838 | €1,671 | €2,538 | €2,111 | ▼ 16.8% |
| Other operating charges640/8 | - | - | - | €1,311 | €790 | €932 | €800 | €603 | ▼ 24.6% |
| Non-recurring operating charges66A | - | - | - | - | - | €4,480 | - | - | - |
| Gross operating margin9900 | €240,414 | €177,825 | €175,914 | €158,802 | €181,026 | €151,943 | €137,308 | €49,644 | ▼ 63.8% |
| Operating profit (loss)9901 | -€3,489 | €18,330 | €10,941 | €2,137 | -€703 | -€6,736 | -€2,208 | -€23,485 | ▼ 964% |
| Financial income75/76B | - | - | - | €20 | €0 | €485 | €2,132 | €1,369 | ▼ 35.8% |
| Recurring financial income75 | €3 | €1,184 | €1 | €20 | €0 | €485 | €2,132 | €1,369 | ▼ 35.8% |
| Financial charges65/66B | - | - | - | €164 | €507 | €58 | €40 | €21 | ▼ 47.4% |
| Recurring financial charges65 | €32 | €137 | €212 | €164 | €507 | €58 | €40 | €21 | ▼ 47.4% |
| Profit (loss) for the period before taxes9903 | -€3,518 | €19,377 | €10,730 | €1,993 | -€1,209 | -€6,308 | -€116 | -€22,137 | ▼ 18,903% |
| Income taxes67/77 | €169 | €6,487 | €3,867 | €1,025 | €406 | €154 | €800 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€3,687 | €12,890 | €6,863 | €968 | -€1,616 | -€6,462 | -€916 | -€22,137 | ▼ 2,317% |
| Profit (loss) for the period to be appropriated9905 | -€3,687 | €12,890 | €6,863 | €968 | -€1,616 | -€6,462 | -€916 | -€22,137 | ▼ 2,317% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €152,358 | €152,723 | €158,394 | €160,729 | €155,386 | €136,767 | €165,201 | €103,433 | ▼ 37.4% |
| Fixed assets21/28 | €2,124 | €17,030 | €13,469 | €9,362 | €5,524 | €5,660 | €3,121 | €1,010 | ▼ 67.6% |
| Tangible fixed assets22/27 | €2,124 | €17,030 | €13,469 | €9,362 | €5,524 | €5,660 | €3,121 | €1,010 | ▼ 67.6% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €0 | - |
| Furniture and vehicles24 | - | - | - | €402 | €244 | €5,660 | €3,121 | €1,010 | ▼ 67.6% |
| Leasing and similar rights25 | - | - | - | €8,959 | €5,280 | - | - | - | - |
| Current assets29/58 | €150,234 | €135,692 | €144,926 | €151,368 | €149,862 | €131,107 | €162,080 | €102,423 | ▼ 36.8% |
| Amounts receivable within one year40/41 | €75,635 | €71,782 | €50,985 | €56,090 | €49,407 | €53,143 | €48,581 | €24,037 | ▼ 50.5% |
| Trade receivables40 | - | - | - | €55,360 | €43,814 | €50,297 | €45,241 | €21,250 | ▼ 53.0% |
| Other amounts receivable41 | - | - | - | €731 | €5,594 | €2,846 | €3,340 | €2,787 | ▼ 16.6% |
| Cash at bank and in hand54/58 | €74,599 | €63,502 | €93,940 | €94,821 | €99,524 | €77,033 | €111,702 | €77,356 | ▼ 30.7% |
| Deferred charges and accrued income490/1 | - | - | - | €456 | €930 | €930 | €1,798 | €1,030 | ▼ 42.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €152,358 | €152,723 | €158,394 | €160,729 | €155,386 | €136,767 | €165,201 | €103,433 | ▼ 37.4% |
| Equity10/15 | €98,303 | €111,193 | €118,057 | €119,025 | €117,409 | €110,947 | €110,031 | €87,894 | ▼ 20.1% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €83,391 | €83,391 | €99,457 | €100,425 | €98,809 | €92,347 | €91,431 | €69,294 | ▼ 24.2% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €98,565 | €96,949 | €90,487 | €89,571 | €67,434 | ▼ 24.7% |
| Profit (loss) carried forward14 | -€3,687 | €9,203 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €54,055 | €41,529 | €40,338 | €41,704 | €37,976 | €25,820 | €55,170 | €15,539 | ▼ 71.8% |
| Amounts payable after more than one year17 | - | €12,494 | €7,691 | €2,837 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €2,837 | - | - | - | - | - |
| Amounts payable within one year42/48 | €54,055 | €29,035 | €32,647 | €38,867 | €37,976 | €25,820 | €55,170 | €15,539 | ▼ 71.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,854 | €2,837 | - | - | - | - |
| Trade debts44 | €2,512 | €636 | €5,790 | €995 | €4,081 | €95 | €22,016 | €2,361 | ▼ 89.3% |
| Suppliers440/4 | - | - | - | €995 | €4,081 | €95 | €22,016 | €2,361 | ▼ 89.3% |
| Advances received on contracts in progress46 | - | - | - | €12 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €32,677 | €29,882 | €24,627 | €32,048 | €11,319 | ▼ 64.7% |
| Taxes450/3 | - | - | - | €10,105 | €8,437 | €6,812 | €7,417 | €2,686 | ▼ 63.8% |
| Remuneration and social security454/9 | - | - | - | €22,571 | €21,445 | €17,815 | €24,631 | €8,633 | ▼ 65.0% |
| Other amounts payable47/48 | - | - | - | €330 | €1,176 | €1,097 | €1,106 | €1,859 | ▲ 68.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,687 | €12,890 | €6,863 | €968 | -€1,616 | -€6,462 | -€916 | -€22,137 | ▼ 2,317% |
| + Depreciation and write-downs630 | €2,664 | €5,092 | €4,063 | €4,107 | €3,838 | €1,671 | €2,538 | €2,111 | ▼ 16.8% |
| Operating cash flow (approximation) | -€1,023 | €17,982 | €10,926 | €5,075 | €2,222 | -€4,791 | €1,622 | -€20,026 | - |
| Investment in fixed assets (approximation) | - | -€19,999 | -€502 | €0 | €0 | -€1,807 | €0 | €0 | - |
| Change in cash | - | -€11,097 | €30,439 | €880 | €4,703 | -€22,491 | €34,669 | -€34,346 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,805 companies had the same profile as NEYENS ENGINEERING has now. Two years later, 88.1% were still going and 2.0% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
88.1%
was still going
9.8%
stopped otherwise
2.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NEYENS ENGINEERING itself is lower: < 0.1% within 12 months. It rests on far more data about NEYENS ENGINEERING than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,805 companies, not a prediction for NEYENS ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00418940 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00384052 | |
| 31-12-2023 | micro format | 19-08-2024 | 2024-00351176 | |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00349252 | |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20067380 | |
| 31-12-2020 | micro format | 23-08-2021 | 2021-51600433 | |
| 31-12-2019 | micro format | 29-07-2020 | 2020-35700562 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-50300203 | |
| 31-12-2017 | micro format | 16-08-2018 | 2018-46300354 | |
| 31-12-2016 | micro format | 21-08-2017 | 2017-46500399 |